Blogs

We all remember the subprime mortgage crisis, right? Well, here we go again. At least it’s a possibility according to William Poole, senior fellow at the Cato Institute and former CEO of the Federal Reserve Bank of St. Louis.

Auburn University at Montgomery’s Alpha Gamma Delta Chapter invited me to speak to their sorority this week about finances.  The number one growing problem I see in my practice is student loan debt.

With every passing year a person’s credit score becomes more central in basic decisions people face on a daily basis.  Leases for housing, ability to obtain automobile or homeowner’s insurance and, yes, even employment are some of the areas that are now affected by your credit score.  Your credit score is ultimately determined by what is reported in your credit file

This past Wednesday former Social Security Administration (SSA) Administrative Law Judge (ALJ) Paul Stribling Conger Jr. was sentenced to 12 months and one day in federal prison for trading sex for disability benefits.

The Consumer Financial Protection Bureau on Thursday fined Experian PLC $3 million, alleging that the leading credit-reporting firm misrepresented the credit scores it marketed to consumers, according to the Wall Street Journal.

Normally, I blog about current events or about how we can help consumers can get real relief from financial pressures under the law. In today’s post, I digress to recognize one of our own. Recently, we celebrated the twenty year anniversary of our friend and trusted employee, Leann Wilkinson. Where has the time gone?

I tend to be a nostalgic person.  I recall stories in my childhood told by my parents and grandparents about going downtown to the big department stores to shop at Christmas.  Everyone’s stories always included a visit to the candy counter.  I am not old enough to remember any of the downtown establishments they reminisce about except I remember Sears.  I remember it because of one thing, the candy counter.  The downtown location closed whe

Not too many would be shocked to hear that topping the nation's list of consumer complaints during the year 2016 would be.

And the Winner IS……….

At Bond & Botes, P.C., we work with a variety of people who have fallen on financial hard times and, in some cases, need to file for bankruptcy. Of all the financial problems we encounter, few compare to being caught in the trap of payday lending.

The second bankruptcy in two years involving RadioShack has been filed by its parent company, General Wireless Operations. Approximately 1500 stores are at risk of being closed with the latest update stating 552 stores will be closed (two in Alabama are on the closure list and those locations are in Madison and Mobile). The fate of more than 1000 stores is still up in the air.